Becknell Industrial Announces 2014 Development Activity

Becknell Industrial announced today $22.8 million of new developments started in 2014 totaling 331,000 square feet which are 100 percent leased. The average lease term for these projects is 12 years.

Development highlights include the following new starts:
”We are pleased to continue to strengthen our relationships with our existing customers, while becoming the partner of choice for these new clients,” said Mark Shapland, Executive Vice President – Chief Operating Officer.

In Greenwood, Indiana, a 100,440 square-foot industrial facility that will house Poynter Sheet Metal’s corporate headquarters and state of the art fabrication facility to support the Midwest’s leader in HVAC;

Located in the Company’s NorthWinds Crossing Business Park in Hobart, Indiana, an 18,120 square-foot facility for Sun Belt Rentals; and